Driving semitrucks full of checks across the united states every day was so much better. And hard cash money too. Or the credit card companies with small eco footprints of employees in buildings all oved the world made commerce so much safer by giving everone a unique 16 digit number to remember that no kne could guess. Well they had to a few more digits to make it a little more chalkenging. Now people forget their password and lose their entire life.
@wago “Something else is bad, therefore there's no problem with this thing I like.”
@wizzwizz4 That's true, but @wago makes a good point that these criticisms apply just as well to physical money, and perhaps even worse, since lost coins represent much more resources than assets lost on non-PoW blockchains. So they kind of miss the mark in this case, except for the part about PoW blockchains being extremely wasteful, which is a point made much better separately.
@timorl @wago Somewhat. However, coins are rarely *lost* in the same way; only misplaced (which could be considered accidental redistribution), and you don't have to maintain *truly* lost coins (since they're out of circulation).
Driving semitrucks full of cheques across the US hasn't really happened for a long while; it's all digital, these days. We're using cash less and less (which is a problem!). Though I will admit that US credit card companies are terrible in 'most every way.